Out-of-state investors continue to show strong interest in Virginia multifamily properties. Recently, a New York-based investor purchased not one, but nine apartment communities in Richmond’s North Side.

The unnamed buyer paid $7.5 million to buy the Chamberlayne Multifamily Portfolio, Virginia Business reported on Tuesday. Marcus & Millichap brokered the deal and represented the seller in the transaction. In a statement, Altay Uzun, of the commercial real estate investment services firm’s Washington, D.C. office, said that the portfolio attracted a lot of interest from out-of-state buyers and that it received offers from half of the investors who toured the property.

The Chamberlayne Multifamily Portfolio’s nine buildings were constructed between 1961 and 1977, on a 5-acre site in Richmond’s Ginter Park neighborhood. Together, they offer a total of 212 studio, one-, two- and three-bedroom units. According to Marcus & Millichap, the portfolio is currently 93 percent occupied.